GRIFOLS - 1H - Technical analysis published on 01/02/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 11.160 EUR
My targets
11.480 EUR (+2.04%)
11.485 EUR (+2.09%)
My analysis
The basic bullish trend is very strong on GRIFOLS but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 11.160 EUR. Crossing the first resistance at 11.480 EUR would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 11.485 EUR as an objective. Crossing it would then enable buyers to target 13.095 EUR. Caution, a return to below 11.160 EUR would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GRIFOLS price is 11.250 EUR. The price registered an increase of +4.46% on the session and was between 10.855 EUR and 11.345 EUR. This implies that the price is at +3.64% from its lowest and at -0.84% from its highest.10.855
11.345
11.250
Here is a more detailed summary of the historical variations registered by GRIFOLS:
Technical
Technical analysis of this 1H chart of GRIFOLS indicates that the overall trend is strongly bullish. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 8 technical indicators out of 18 studied are currently bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 10.778 | 10.965 | 11.160 | 11.250 | 11.480 | 13.095 | 14.440 |
| Change (%) | -4.20% | -2.53% | -0.80% | - | +2.04% | +16.40% | +28.36% |
| Change | -0.472 | -0.285 | -0.090 | - | +0.230 | +1.845 | +3.190 |
| Level | Major | Intermediate | Minor | - | Minor | Minor | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.447 | 10.593 | 10.682 | 10.828 | 10.917 | 11.063 | 11.152 |
| Camarilla | 10.705 | 10.727 | 10.749 | 10.770 | 10.792 | 10.813 | 10.835 |
| Woodie | 10.418 | 10.579 | 10.653 | 10.814 | 10.888 | 11.049 | 11.123 |
| Fibonacci | 10.593 | 10.683 | 10.739 | 10.828 | 10.918 | 10.974 | 11.063 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.030 | 10.260 | 10.515 | 10.745 | 11.000 | 11.230 | 11.485 |
| Camarilla | 10.637 | 10.681 | 10.726 | 10.770 | 10.815 | 10.859 | 10.903 |
| Woodie | 10.043 | 10.266 | 10.528 | 10.751 | 11.013 | 11.236 | 11.498 |
| Fibonacci | 10.260 | 10.445 | 10.560 | 10.745 | 10.930 | 11.045 | 11.230 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.430 | 9.182 | 9.976 | 10.728 | 11.522 | 12.274 | 13.068 |
| Camarilla | 10.345 | 10.487 | 10.628 | 10.770 | 10.912 | 11.053 | 11.195 |
| Woodie | 8.451 | 9.193 | 9.997 | 10.739 | 11.543 | 12.285 | 13.089 |
| Fibonacci | 9.182 | 9.773 | 10.137 | 10.728 | 11.319 | 11.683 | 12.274 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 46.87 | |
| MACD (12,26,9): | 0.0470 | |
| Directional Movement: | -9.259 | |
| AROON (14): | -57.143 | |
| DEMA (21): | 10.865 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.976 | |
| Elder Ray (13): | -0.123 | |
| Super Trend (3,10): | 11.003 | |
| Zig ZAG (10): | 10.675 | |
| VORTEX (21): | 1.0130 | |
| Stochastique (14,3,5): | 18.58 | |
| TEMA (21): | 10.824 | |
| Williams %R (14): | -79.51 | |
| Chande Momentum Oscillator (20): | -0.325 | |
| Repulse (5,40,3): | -0.5050 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1560 | |
| Courbe Coppock: | 0.20 |
| MA7: | 10.534 | |
| MA20: | 10.452 | |
| MA50: | 9.777 | |
| MA100: | 10.517 | |
| MAexp7: | 10.754 | |
| MAexp20: | 10.776 | |
| MAexp50: | 10.644 | |
| MAexp100: | 10.540 | |
| Price / MA7: | +6.80% | |
| Price / MA20: | +7.63% | |
| Price / MA50: | +15.07% | |
| Price / MA100: | +6.97% | |
| Price / MAexp7: | +4.61% | |
| Price / MAexp20: | +4.40% | |
| Price / MAexp50: | +5.69% | |
| Price / MAexp100: | +6.74% |
Quotes :
-
15 min delayed data
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Spain Stocks
News
The latest news and videos published on GRIFOLS at the time of the analysis were as follows:
- Grifols receives FDA clearance for AlphaID™ At Home, the first free service for U.S. consumers to determine their risk for alpha-1
- Victor Grifols Roura decides to retire as Chairperson; Grifols appoints private equity veteran Steven F. Mayer as Executive Chairperson
- Grifols enters into agreement with Canadian Blood Services to accelerate self-sufficiency in immunoglobulins for Canada
- Grifols enters into agreement with Canadian Blood Services to accelerate self-sufficiency in immunoglobulins for Canada
- Grifols 2021 Annual Report on Form 20-F filed with the SEC on April 29, 2022
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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